Chengdu Xuguang Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Chengdu Xuguang Electronics has a total shareholder equity of CN¥1.9B and total debt of CN¥307.4M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are CN¥3.0B and CN¥1.1B respectively. Chengdu Xuguang Electronics's EBIT is CN¥135.9M making its interest coverage ratio 17. It has cash and short-term investments of CN¥300.0M.
Key information
16.4%
Debt to equity ratio
CN¥307.43m
Debt
Interest coverage ratio | 17x |
Cash | CN¥299.98m |
Equity | CN¥1.88b |
Total liabilities | CN¥1.14b |
Total assets | CN¥3.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600353's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥876.3M).
Long Term Liabilities: 600353's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥263.6M).
Debt to Equity History and Analysis
Debt Level: 600353's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 600353's debt to equity ratio has increased from 4.1% to 16.4% over the past 5 years.
Debt Coverage: 600353's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 600353's interest payments on its debt are well covered by EBIT (17x coverage).